Chicago | Reuters – Chicago Mercantile Exchange lean hog futures reached their highest level since October on Monday amid annual adjustments by funds in commodity markets, brokers said. Fund buying at the start of the year also supported grain and soy futures at the Chicago Board of Trade. CME February lean hog futures LHG26 closed […] Read more
U.S. livestock: CME hogs touch October high on fund buying
U.S. grains: Broad buying lifts grain futures from multi-week lows
Chicago | Reuters – U.S. grain and soybean futures recovered from multi-week lows on Monday as broad-based buying and an influx of money from commodity funds boosted prices at the start of the year. Equities, metals and energy markets also advanced after U.S. forces captured Venezuelan President Nicolas Maduro. “In general, it’s a risk-on trade, […] Read more
‘Not a happy Trump supporter’: U.S. Cattle ranchers hit by push for lower beef prices
Much like the price of eggs during the Biden administration, the cost of beef has become an emblem of the affordability crisis in Donald Trump’s America. Beef prices hit record highs earlier this year as the cattle herd shrank and consumer demand remained strong.
U.S. grains: Corn futures set June high on US export demand
Chicago | Reuters – Chicago Board of Trade corn futures reached their highest level since early June on Friday on U.S. export demand, while soybean futures also rose. In a daily reporting system, the U.S. Department of Agriculture said exporters sold 273,988 metric tons of U.S. corn to unknown buyers for 2025-26 delivery. The agency […] Read more
Tyson Foods to close major US beef plant as cattle supplies dwindle
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Tyson Foods will close a major beef plant in Lexington, Nebraska, with about 3,200 employees in January after U.S. cattle supplies dropped to their lowest level in nearly 75 years, the meatpacker said on Friday.
U.S. livestock: ‘Relentless’ fund selling knocks down CME cattle futures
Chicago | Reuters – U.S. cattle futures fell further at the Chicago Mercantile Exchange on Thursday under pressure from fund selling and lower cash prices, traders said. Futures have dropped over the past month after U.S. President Donald Trump said he was working to lower beef prices for consumers, triggering steep selloffs in cattle that […] Read more
U.S. grains: Soy futures slide as traders worry China may miss US buying target
U.S. soybean futures on Thursday extended a setback from a 17-month high reached this week, as confirmation of more Chinese purchases of American supplies failed to spark a new rally.
U.S. livestock: Cattle futures slide under pressure from weak cash prices
Chicago | Reuters – Chicago Mercantile Exchange live cattle and feeder cattle futures tumbled under pressure from weakness in the cash market on Wednesday, traders said. Lean hog futures rebounded after sliding on Tuesday to their lowest level in about seven months. In the cash market, cattle traded at mostly $228 per hundredweight in southern […] Read more
U.S. grains: Soybean futures ease from 17-month peak as traders gauge China buying pace
U.S. soybean futures slumped on Wednesday after climbing to their highest level since June 2024 in the previous session, as traders watched to see whether a wave of Chinese purchases would continue following a trade truce between Beijing and Washington.
U.S. livestock: Cattle futures end weaker, hogs set April low
Chicago | Reuters – Chicago Mercantile Exchange live cattle and feeder cattle futures slumped on Tuesday as traders waited for U.S. inventory data and assessed prospects for beef imports, analysts said. Lean hog futures hit their lowest level in about seven months. Traders were waiting for the U.S. Department of Agriculture to issue a monthly […] Read more
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